ICICI Direct has a buy call on Ambuja Cements with a target price of Rs 267.40.

The current market price of Ambuja Cements is Rs 261.80.

Time period given by the analyst is intraday when Ambuja Cements price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 259.90.

Ambuja Cements, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 51,954.41 Crore) operating in Cement sector.

Ambuja Cements key Products/Revenue Segments include Cement which contributed Rs 10,430.73 Crore to Sales Value (98.98 per cent of Total Sales), Other Operating Revenue which contributed Rs 84.46 Crore to Sales Value (0.80 per cent of Total Sales), Scrap which contributed Rs 22.74 Crore to Sales Value (0.21 per cent of Total Sales) and Power which contributed Rs 0.22 Crore to Sales Value for the year ending 31-Dec-2016.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 6,145.33 Crore, up 9.12 per cent from last quarter Sales of Rs 5,631.90 Crore and up 13.54 per cent from last year same quarter Sales of Rs 5,412.68 Crore.

Company has reported net profit after tax of Rs 715.33 Crore in latest quarter.

The company's top management includes Dr.Omkar Goswami, Mr.Ajay Kapur, Mr.B L Taparia, Mr.Christof Hassig, Mr.Eric Olsen, Mr.Haigreve Khaitan, Mr.Martin Kreigner, Mr.N S Sekhsaria, Mr.Nasser Munjee, Mr.Rajendra P Chitale, Mr.Shailesh Haribhakti, Ms.Usha Sangwan.

Company has SRBC & Co LLP as its auditors.

As on 31-03-2017, the company has a total of 1,985,645,229 shares outstanding.